Will Ivanka bring her fashion lines back from China ?
This was an interesting and informative article. I would like to see more of these. Thank you.
Maybe Trump can bring manufacturing back to America, maybe he can’t. One thing is certain is that the American people can bring manufacturing back to America by buying products made in the USA.
Very good interview.
Millionaire Trump and the billionaire class doesn’t believe in America — they believe in money, profit. Of course they run to their accountants first.
Is this article suggesting a trade war with China?
I didn’t get that impression.
Productivity is hard to measure. You give a human an F-150 pickup truck, the result is not a 75,000 times improvement in work, even though physically it’s about that. Instead, the owner is more likely to roll into the Jack-in-the-Box drive-thru and order some prefab metabolamic insult to their system.
The company I worked for was bought and sold three times to non-U.S. firms. After each sale, a senior manager from the acquiring company would come in and say:
“I want you to buy everything from China.”
“Uh, sir, our customer is the U.S. Government.We can’t just move our vendor base to China.”
“Sure you can. And we want you to continue to charge the Government the same prices you charge for your U.S. vendors.”
“Uh, sir, that’s against the law. We can’t do that.”
“Harumph, harumph… We’ll see about that. We have excellent attorneys.”
“That’s great, sir. Have them look up the Buy American Act. There’s also a few fraud statutes on the books they may want to investigate.”
My point is not that we can’t bring back jobs, but it takes work. The senior managers who ‘acquired’ my services over the years really didn’t want to work that hard and none of them cared about keeping jobs in the U.S.
A softball interview by social democrat Judis, as this guy Atkinson is blowing smoke. The high point of U.S. capitalism was around 1966 and from the early-mid 1970s major corporations started moving production both to lower wage regions of the U.S. and then abroad so that they could better compete with Japan and Germany, among others. And those that didn’t see the market in doing that put their money in another industry, such as US Steel did with Marathon Oil - or just invested it in the stock and bonds market. The pace of moving abroad picked up enormously from about 1978 on, turning the U.S. into largely a service economy, but Judis and Atkinson talk as if it didn’t happen. Bizarre.
I read this weekend that AI is going to displace one out of every two workers during the next decade or decade and a half. We will revive American manufacturing alright but nobody will have the income to make the revival worthwhile. We have big issues to consider and baby politicians unable to look beyond their 19th century ideologies to do the considering. That is coupled with a press that doesn’t view its job as any more than a race track announcer.
yea…not a person in the country can figure out why or how we lost our manufacturing base until a lying con-man who drove every business he owned into the ground securing thousands of law suits and a refusal to lend from American banks…comes along to instruct every one?
i’ll finish the article after i stop lol
Off-shore manufacturing is profitable to the very people that Trump represents. Don’t hold your breath…
Not unless he forces other countries that are doing manufacturing to pay their folks a decent wage or reduces the US to a 3rd world country with underpaid workers. But he won’t do either. Although he’ll probably cause worker wages to continue their downward trend relative to the top folks.
So no, next question.